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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (14308)	3/3/2000 9:25:00 AM
From: Ilaine	Read Replies (3) \| Respond to of 42523

Question - if someone (not me, thank goodness) has a margin account, and the brokerage raises the margin limit for the particular stocks in the account, and gives the account holder four days to either put up more money or face liquidation, can the account holder just transfer the account to another broker who has a lower margin limit? An even more basic question - can you transfer your margin account when you owe the broker money, even without a margin call - I mean, do you just owe the broker the money, or does he treat the stock as collateral, which is what I've always assumed it is, and retain it to secure the loan?

To: IceShark who wrote (14308)	3/3/2000 10:20:00 AM
From: TheStockFairy	Respond to of 42523

Someone is smoking crack if they think housing prices are dropping. I'm in a search to buy a Townhome outside of Chicago....people that bought the townhomes last year for 150K to 175K are reselling them for 250k to 300k. Either the housing market is going to crash (maybe I could start the Big Kahuna Housing Market Crashes are a Myth thread) or I'm gonna have to stay where I am....the price isn't worth the product. Come to think of it, are the stocks I'm buying really worth their price? Ahhh....I know how this all fits together now!